Oshiwara highrise row: After talks, 50 buyers to get flats

The developer, Windsor Realty, and its director Gopal Narang on Monday informed the Bombay high court on Monday that there were three categories of flats purchasersSwati Deshpande | TNN | September 12, 2017, 07:49 IST

MUMBAI: For over 50 flat buyers, including singers Sunidhi Chauhan, Mika Singh and Sonu Nigam, the dream to shift into the plush Windsor Grande in Oshiwara is finally coming true after settlement talks led to a partial resolution. But it was not a flatout closure for all in a legal fight that began in 2014 over a year’s delay in completion of the 33-storey building.

However, for businessman Manish Gandhi’s family, the battle for five flats still remains as the builder terminated their agreement.

The developer, Windsor Realty, and its director Gopal Narang on Monday informed the Bombay high court on Monday that there were three categories of flats purchasers. The settlement talks were pursuant to a suggestion by Justice K R Shriram at an earlier hearing after buyers had moved court for possession and to challenge the developer’s insistence signing a waiver.

Counsels Janak Dwarkadas and Dinyar Madon, appearing for Narang and his company, said the first set comprised 14 flat purchasers who had entered into a settlement to give up all their claims. On their paying whatever amounts are due, they will be given their flats and there will be no claims by the company against them or them against the developers. The second set was of those 37 who had made claims for interest or damages but are willing to pay the outstanding. They will now get keys to their spacious flats. Their claim against the builder and the builder’s counter claim will both remain outstanding and will be decided finally in the 2014 suit.

The third is the Gandhi family whose agreements were terminated over non-payment of outstanding amounts. The court will now hear their plea for possession and challenge to the “illegal termination”. Justice Shriram sought minutes of the settlement and posted the matter for hearing on September 25.